(Bloomberg – bloomberg.com – Andrey Kostin – April 29, 2013) Andrey Kostin is chairman of VTB Group, Russia’s second- largest lender. He is also chairman of the B20 financial- stability task force. Russia’s central bank is about to get a new chairman and, as at the Bank of England, the imminent arrival of a new broom has raised expectations of […]
» Read more
(Bloomberg – bloomberg.com – Olga Tanas & Scott Rose – April 10, 2013) Elvira Nabiullina is declining to follow in the footsteps of Mark Carney and Haruhiko Kuroda and become an agent of change at Russia’s central bank. Nabiullina, backed by lawmakers to become the first woman to head a Group of Eight monetary authority in June, pledged continuity yesterday […]
» Read more
(Interfax – MOSCOW, April 3, 2013) The Russian government will not influence the Central Bank’s independence in decision-making in order to accelerate economic growth, First Deputy Prime Minister Igor Shuvalov said at a conference entitled ‘Economic and Social Modernization’ at the Higher School of Economics on Wednesday. “The key principles behind the Central Bank’s work will continue and, eventually, they […]
» Read more
(RIA Novosti – MOSCOW, April 3, 2013) Former Economics Minister Elvira Nabiullina, nominated by President Vladimir Putin to head the country’s Central Bank, said on Wednesday Russia needed to rethink its model for growth amid the current global economic uncertainty and mounting problems in the eurozone. “We need to change our economic growth model and get focused on internal […]
» Read more
(Bloomberg – bloomberg.com – Artyom Danielyan & Olga Tanas – March 22, 1013) Russia’s central bank may change its monetary policy even as its new leadership focuses on continuity, said Elvira Nabiullina, President Vladimir Putin’s nominee to take over as Bank Rossii chairman in June. “Policy continuity should be maintained, because the credibility factor is very important in the banking […]
» Read more
MOSCOW, March 20 (RIA Novosti) President Vladimir Putin has submitted to the State Duma the candidacy of his economic advisor, Elvira Nabiullina, for the head of Russia’s Central Bank, the Kremlin said on Wednesday. Putin first proposed Nabiullina’s candidacy on March 12 at a meeting with incumbent Central Bank chief Sergei Ignatyev, who has served three successive terms and […]
» Read more
(Russia Beyond the Headlines – rbth.ru – Tim Wall, RBTH – March 15, 2013) Elvira Nabiullina will probably increase Kremlin control over the regulator, but have to balance conflicting demands for looser monetary policy and lower inflation. While President Vladimir Putin’s nomination of Elvira Nabiullina, a former economy minister, as Russia’s new Central Bank chief, has been hailed as a […]
» Read more
(Moscow Times – themoscowtimes.com – Howard Amos – March 14, 2013) Asked to end speculation about the identity of the next chairman of Russia’s Central Bank, President Vladimir Putin promised an “unexpected” candidate who would be well received. When it did come, the announcement that presidential adviser and former Economic Development Minister Elvira Nabiullina would fill the post was a […]
» Read more
MOSCOW. March 13 (Interfax) – One of the most suspenseful appointment decisions of the past year has come to an unexpected expected conclusion. On one hand, Kremlin adviser Elvira Nabiullina only recently emerged as a potential candidate to replace Sergei Ignatyev as chairman of the Central Bank of Russia (CBR). On the other, after President Vladimir Putin said that he […]
» Read more